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Ukraine: ferrous metals export-import in January-August 2017

In January-August Ukraine increased ferrous metals export revenue by 16.2% YoY, to $5.48 billion. According to the State Fiscal Service, ferrous metals accounted for 19.93% of the total exports, down from 20.76% in January-August 2016. In August Ukraine exported $732.55 million worth of ferrous metals, up from $667.7 million in July. In 8 months Ukraine…

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Russia: Rashnikov sells 3% in MMK

Mintha Holding Limited of businessman Viktor Rashnikov has sold a 3% interest in Russia’s Magnitogorsk Iron and Steel Works (MMK) on the market for about 36.7 rubles per security, a financial source reported on September 6. “The bidding book was open yesterday and the placement of the entire stake was successful. Many Russian brokers bid…

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Ukraine lacking gas coal

The minister of energy and coal industry Igor Nasalik says Ukraine is experiencing the shortage of gas coal to replace anthracite. In 2017 anthracite consumption dropped by 3.5 million tons and is expected to decrease by 3 million tons more in 2018. Nasalik has addressed the Ministry of finances to provide funds for investments into…

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